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Property profile & analytics
OFF-MARKET Estimated value $1,935,000
Commercial real estate

26850 Lewes Georgetown Hwy Harbeson, DE 19951-2856

6 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US17-0069718
Property summary
AI-generated overview

This exceptional retail property, located at 26850 Lewes/Georgetown Hwy, offers a unique opportunity for businesses seeking versatile and well-located commercial space. The single-story building, constructed in 2005, totals 19,412 square feet and sits on 6 acres of land. Three units are currently available for lease, providing flexible options ranging from a minimum of 1,250 square feet to a maximum contiguous space of 49,412 square feet. The property boasts 113 parking spaces, ensuring ample convenience for customers and employees. Units are zoned C-1 & CR-1, allowing for a variety of commercial uses. Specific lease terms are available upon request, but one unit offers 4,686 square feet at $16.00 per square foot with a CAM fee of $2.50 per square foot. Another unit offers flexible space from 1,250 to 3,000 square feet at $16.00 per square foot with a CAM fee of $2.50 per square foot. This prime location offers excellent visibility and convenient access, making it an ideal choice for businesses seeking a thriving commercial environment. Pre-leasing is available for occupancy beginning October.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 6 ac (261,360 SF)
Zoning code CR1
APN 235-30.00-58.05
UPID US17-0069718
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Delaware Dynamix Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
Rrks Investments LLC · 5 yrs held
Rrks Investments LLC
since 2021
Last sale
$1.7M
5 recorded transactions
2024
Price N/A
2021
$1.7M
2017
$2,763
2011
Price N/A
1969
Price N/A
Zoning & alternative use
CR1 · Harbeson, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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